Pimco says own more bonds as Trump ushers in era of uncertainty
US President-elect Donald Trump (Jan 15): The uncertainty likely to be injected into markets this year by US President-elect Donald Trump promises to be yet another driver of attractive bond returns, according to Pacific Investment Management Co (Pimco). Unpredictability, paired with rising Treasury yields and diminished expectations for central bank easing is seen generating long-term […]
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